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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Reassessment u/s. 147 or 153C - the information of alleged ...

Income Tax

June 12, 2019

Reassessment u/s. 147 or 153C - the information of alleged accommodation entries was passed on to the AO of the assessee by the investigation wing - no material belonging to the assessee was either found from the residence of this S. K. Jain or handed over to the AO of the assessee by the AO of the searched person - AO has rightly invoked jurisdiction u/s. 147 and not u/s 153C of the IT Act

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